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CBO nod for Islamic banking

Posted on 01 June 2011

Following His Majesty Sultan Qaboos bin Said’s directive, Central Bank of Oman (CBO) has approved the establishment of an Islamic bank in the sultanate and Islamic windows for banks operating in the sultanate.
CBO’s board of governors met on Sunday under the chairmanship of Dr Ali bin Mohammed bin Moosa, deputy chairman of the board……………………………………….Full Article: Source

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